Featured Listings: September 18th

 

1217 Sand Cherry Ln., Huxley, IA

2 Story Farmhouse in Huxley's friendly Trail Ridge neighborhood! Features include: nearly 1 acre, irrigated/manicured lawn, walk-out basement, boulder retaining walls, wrap around porch w/ swing, green space and tree views, 3+ car attached garage, open floorplan, formal dining, hardwood & travertine floors, custom trim work & ceiling details in kit, granite surfaces, stainless steel appliances, stone wood fireplace in LR, large bedrooms and closets, jack and jill bath, huge MBR suite w/ walk-in closet, vaulted ceilings, balcony, bubble soaking tub, tile walk-in shower, dual sinks, see-through gas fireplace, central vac, high efficiency mechanicals, options to customize the basement, and much more! Hurry to make this one your home!

 

 

 503 Park Ave., Story City, IA

 

Charming cottage on Park Ave in Story City near the heart of downtown. Features include: new roof, new siding, new gutters, wrought iron decorative fence, walking distance to downtown, shopping, grocery store, library, etc, new carpet, updated kitchen and baths, ornate archways, formal dining, bedroom, full bath, and laundry all on main floor, 3 bedrooms plus a play/multipurpose space on 2nd story, fruit trees, garden, mature trees, and much more. Quick possession is available.

Home Buyer Tax Credit - Now What?

The fine print of the first-time home-buyer tax credit has a lot of people stumped as tax season approaches and the loan repayment cycle begins. An article in the Washington Post sums up some of the big questions and conundrums.
"It was never fair to call the original first-time buyer stimulus a credit. It was an interest-free loan. Those who took the credit are required to repay the government over 15 years in equal installments for any amount received. So if you qualified for the maximum credit of $7,500, this means a yearly loan payment of $500. The loan/credit applied only to homes purchased after April 8, 2008, and before Jan. 1, 2009."

OPEN ARTICLE TO READ MORE


If you're interested in the rest of the article, attached is the link.
http://www.washingtonpost.com/business/economy/remember-that-7500-first-time-homebuyer-credit-its-now-an-irs-headache/2011/04/05/AF5zpwqC_story.html
If you took advantage of the tax credit, remember to look into the terms so you're ready for tax season! If you have any questions about the process, let the Van Cleave Team know. We're here to help with all of your Real Estate needs.